Sentences with phrase «of sales tax revenue»

As such, the towns are not receiving their fair share of the sales tax revenue because of an outdated formula.
Think about the county - wide impact of driving business away from the mall, which produces 23 percent of our sales tax revenue.
Schools will get half of the sales tax revenue; the county will receive 30 percent; and the county's 39 cities will get the remaining 20 percent.
He warned of the «elastic» nature of sales tax revenue that can offset rising costs in boom times, but can become an unreliable source of funding when the economy slows.
In fact, many communities want to see outlet centers built because of the tremendous amount of sales tax revenue they bring in.
Basic fairness Ulster County is renegotiating its contract with the City of Kingston for the distribution of sales tax revenue.
I think the issue in Albany can be especially appreciated this time of year when residents are our enjoying the amenities that Erie County has to offer that would be threatened if we lost a portion of sales tax revenue.
For most counties, a uniform reduction of sales tax revenue by 1.2 points would be less than the cost of Medicaid, making the swap an attractive deal.
He said 60 village mayors have signed a letter saying villages should get one - third of the sales tax revenue.
Seneca County Board of Supervisors Chairman Bob Hayssen says the planned shopping center could hurt Waterloo Premium Outlets, which is a big source of sales tax revenue for the county.
As a minority member on the Onondaga County Legislature, I worked across geographical and party lines to successfully negotiate a 10 - year agreement that ensured Syracuse would receive its fair share of sales tax revenues collected by the county.
Muddying the county's financial picture moving forward, he said, is the impact of Hurricane Sandy, which caused a «$ 65 million hole in the budget from direct costs, loss of sales tax revenue and loss of property tax revenue.»
Rebuilding efforts in the wake of Superstorm Sandy helped boost the growth of sales tax revenue in Westchester, Suffolk and Rockland counties.
Republicans said they would replace the fee revenue by restructuring county debt; boosting estimates of sales tax revenue; using unspent money from the 2017 budget and reducing police overtime projections.
Town criticized for lack of financial oversight, improper allocation of sales tax revenue more
We can not continue to spend more and more each and every year without justification, especially in light of the County's ever - increasing obligations to ECMC, as well as the continuing decline of sales tax revenue.
The 1977 Agreement of Sales Tax Revenue Distribution was based on the population figures of that time.
In years prior over-projection of sales tax revenue caused the county to fall into a $ 130 + million deficit, even as property taxes were increased over 50 percent.
As an added bonus to business owners, Frisco uses part of its sales tax revenue to fund economic development of both large and small companies.
Ryan also suggests that Niagara County should pay a portion of sales tax revenue to fund the NFTA because the metro rail also serves Niagara County.
The Palisades Center in West Nyack produces 23 percent of our sales tax revenue.
Ulster County is renegotiating its contract with the City of Kingston for the distribution of sales tax revenue.
If Albany finances the takeover by diverting a share of sales tax revenue — as recently suggested by Lieutenant Governor Kathy Hochul — a quarter or more of counties would be net losers financially.
Curran and Martins both said they would work to see that villages «got their fair share» of sales tax revenue.
That is the year Mahoney started to rely less on property taxes because she held back the share of sales tax revenue the county shares with the towns and villages.
Taking a firm stand for the first time in public on reducing the city's share of sales tax revenue, County
Taking a firm stand for the first time in public on reducing the city's share of sales tax revenue, County Executive Mike Hein has charged the City of Kingston with accepting some $ 8 million from the county in Safety Net welfare relief over the past four years and using it to «mask» a collective spending increase of almost 40 percent.
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